Entrepreneurship & Business by Johnny Stewart
Raising Initial Capital
The very first stage is usually called bootstrapping. This is when people use savings, credit cards, or their family and friends. The internet has made these networks of friends very vast. There are no boundaries to where you can have friendships. Those friends can be converted easily into investors. All they need is a share of stock!
- Bootstrapping is when you self fund using savings or something similar
- Friends can become investors
- Give a share of your stock